US oil prices surge to their highest level in 2023

Tech Insider
oil rig

Jim Urquhart/Reuters

Oil prices nearing $100 a barrel is bad news for inflation — but it's good news for Russia

Tech Insider
Russian President Vladimir Putin delivers key speech during the Russian Energy Week 2022 in Moscow, Russia on October 12, 2022. (
Russian President Vladimir Putin delivers key speech during the Russian Energy Week 2022.

Kremlin Press Office/Handout/Anadolu Agency/Getty Images

How two former Goldman Sachs traders built the No. 1 US coal exporting business

Tech Insider
  • Two ex-Goldman bankers have made their fortune betting on a non-renewable resource, Bloomberg reported.
  • Peter Bradley and Spencer Sloan have built a $1 billion commodities firm over the last eight years.
  • Javelin Global Commodities is now the No. 1 US coal exporter despite the environmental concerns associated with the fuel.

Two former Goldman Sachs traders have built the largest coal-exporting business in America, despite a global push to move away from the controversial fossil fuel. 

America is stuck in a greased-pig economy

Tech Insider : Economy
Bankers wrestling a piggy bank
America has been living in an economic version of the greased-pig game — and if we lose our grip on inflation, things could get ugly.

Liam Eisenberg for Insider

Trying to catch a greased pig is an American tradition that has fallen out of fashion — so you're forgiven if you don't know the rules. 

BP boss who resigned over undisclosed relationships with colleagues ended his marriage by text message, says ex-wife

Tech Insider
Bernard Looney wearing a suit and tie whilst gazing into the distance
Bernard Looney was CEO of BP for more than three years.

ARUN SANKAR/ Getty Images

Russia is likely growing its cruise missile stockpile to attack Ukraine's energy infrastructure this winter, says UK intel

Tech Insider
Residents walk through an unlit street following missile strikes in Kyiv, Ukraine.
Residents walk through an unlit street following missile strikes on November 24, 2022, in Kyiv, Ukraine.

Jeff J Mitchell/Getty Images

It's the beginning of the end for global oil demand, IEA chief says

Tech Insider
oil rig

Gerald Herbert/AP

Extremist attacks on US power grids are increasing and election seasons are usually a popular time for them, experts say

Tech Insider : Politics
Power lines against a gray sky.
Spikes in attacks on power grids throughout the US have coincided with the 2020 and 2022 elections, one expert told Politico.

Carlos Barria/Reuters

On an EV road trip to promote green tech, the US Energy Secretary and her entourage couldn't find enough electric vehicle chargers

Tech Insider : Politics
Energy Secretary Jennifer Granholm looks at electric vehicles during a visit to the Washington Auto Show in Washington, Wednesday, Jan. 25, 2023.
Energy Secretary Jennifer Granholm looks at electric vehicles during a visit to the Washington Auto Show in Washington.

Andrew Harnik/AP

Russia will sell natural gas to China at almost a 50% discount compared to European buyers

Tech Insider
china russia
Russia's President Vladimir Putin (front, R), Chinese President Xi Jinping (front, L), his wife Peng Liyuan (2nd row, L), and Chinese Premier Li Keqiang (2nd row, R), arrive for a gala show to mark the 70th anniversary of the end of World War Two, in Beijing, China, Sept. 3, 2015.

Reuters/Kim Kyung Hoon

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